About Us

1st Choice Savings and Credit Union is a full-service financial institution, that offers everything a bank can offer you, and more!

We're the banking alternative for Southern Albertans, serving approximately 17,000 member-owners, based out of Lethbridge, Alberta.

Our most unique features are our membership and profit sharing. When you bank with us, you are a valued member-owner. At 1st Choice Savings we are member-driven, not profit-driven. Rather than giving profits to select stockholders, we reinvest our income to expand the benefits for you, and pay out annual dividends to our members.

The 1st Choice Difference…

We'll admit that 1st Choice Savings and the big banks have something in common - we both offer full-service banking and a wide range of financial services. That however, is where the similarity ends and the differences begin.

  • 1st Choice Savings is owned by its members. Anyone can join 1st Choice Savings, be an owner, and help chart the course for the future.
  • The 1st Choice Savings Board of Directors is elected by, and accountable to, the credit union membership, not some distant group of shareholders.
  • 1st Choice Savings is part of each community that we serve - and 1st Choice Savings is committed to helping our communities grow.
  • Everyone at 1st Choice Savings, including Account Managers, and even the CEO, works for you. Their prime objective is to help you make your dreams a financial reality.

We're proud to say that most people still come to us referred by friends or family, or attracted by our reputation as a reliable provider of a full range of financial services. In addition to our in-branch services, we provide members with convenient online, mobile and ATM banking services. We offer a full range of wealth management services, and we are recognized as a leading provider of financial services to Southern Alberta's diversified business and agricultural sector.

The Differences Between Banks and Credit Unions

Profit Sharing

As our members are our shareholders, all members are eligible for annual dividends. Since 2001, we have paid out more than $4 million in dividends back to our members! 
Learn more here


No Corporate Shareholders

Our Members, are our shareholders. Our members are local people within Southern Alberta who care about their money and their community.



Locally owned, operated and connected to the community for over 70 years!



Since we live and work together with our members and our community, we are held accountable by them.



As a credit union, we hold certain principles, such as:

                 - Focusing on people, not profit

                 - Advocating for small business

                 - Making a difference

                 - Building our communities

                 - Helping our members reach their financial potential.

                 - Being financial responsible and accountable to our members.

                 - And more, contact us to find the details!                       


Democratic Member Control 

As a member-owner, you have the right to be heard which includes:

                 - The right to nominate and vote board members

                 - The right to vote and have a say in key policy decisions at the AGM.


100% Guaranteed

All deposit amounts are 100% guaranteed. So should something happen to us, you'll get your money back.

Click here to learn more about Member Benefits.></s>

Click here to Apply for Membership.

Or Contact Us to learn more